Global Head and Neck Cancer Drugs Market: Regional Insights
Based on geography, the global head and neck cancer drugs market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Among regions, North America is expected to gain highest share in the market during the forecast period owing to the increasing prevalence of head and neck cancer, growing geriatric population, and increase in demand for safe and effective treatment in the region. For instance, according to the American Cancer Society, head and neck cancer accounts for around 4% of all cancers in the U.S. In 2023, an estimated 66,920 people (49,190 men and 17,730 women) will be diagnosed with head and neck cancer. Thus, there is an increasing demand for safe and effective treatment, driving the growth of the head and neck cancer drugs market.
Europe and Asia Pacific are also expected to witness significant growth in the head and neck cancer drugs market due to the growing burden of head and neck cancer, increasing number of diagnostic procedures for head and neck cancer, and increase in demand for safe and effective drugs in these regions. For instance, according to European Cancer Patient Coalition, head and neck cancer is the 6th most common types of cancer in Europe with more than 150,000 new patients diagnosed every year. Moreover, head and neck cancer is very common in India, constituting 30% of all the cancers because of the widespread use of tobacco across India.
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